Archive for the ‘Blog’ Category

Obamacare Spending Double Play


Wednesday April 23rd, 2014   •   Posted by K. Lloyd Billingsley at 8:47am PDT   •   0 Comments

“This thing is working.” That was President Obama on April 17. “This thing” is Obamacare, and the president says 8 million people have signed up and the so-called Affordable Care Act is covering more people at less cost than most would have predicted just a few months ago. In typical style, the president included...
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Bonuses for IRS Employees Who Failed to Pay Their Federal Taxes


Wednesday April 23rd, 2014   •   Posted by Craig Eyermann at 6:21am PDT   •   0 Comments

In yet another example of how government bureaucrats look out only for their own interests, the U.S. Internal Revenue Service is paying out over $1 million in bonuses to 1,150 of its employees who have failed to pay their tax bills in previous years. Stephen Ohlemacher of the Associated Press reports on the findings...
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Are Members of Congress Underpaid?


Monday April 21st, 2014   •   Posted by K. Lloyd Billingsley at 5:00am PDT   •   0 Comments

The current salary of a U.S. congressman is $174,000 a year, with party leaders in both houses bagging more. House Speaker John Boehner leads the pack with an annual salary of $223,500. The push is now on to increase congressional pay led by Rep. Jim Moran, Virginia Democrat, who laments that members of Congress...
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Sizing Up the Tax Code


Saturday April 19th, 2014   •   Posted by Craig Eyermann at 3:32pm PDT   •   1 Comment

From Wolters Kluwer, the publishers of the CCH Standard Tax Reporter, comes the answer to the perennial question: how long is the U.S. tax code? For the 2013 tax year (the one for which you either needed to file to pay your federal income taxes or to file for an extension on April 15,...
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Bombs and Budgets


Friday April 18th, 2014   •   Posted by K. Lloyd Billingsley at 7:30am PDT   •   0 Comments

The first anniversary of the Boston Marathon bombing added new confusion to the tragedy. Some politicians still blamed the FBI for not following up on tips from Russian intelligence but a government report blames the Russians for not providing sufficient information. Whatever the case, some facts remain clear. No U.S. intelligence agency, military force,...
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Government Generational Money Grab


Wednesday April 16th, 2014   •   Posted by K. Lloyd Billingsley at 5:05am PDT   •   0 Comments

As we have noted, the IRS targets supporters of limited government, calls it “horrible customer service,” and resists inquiry. The IRS also does a poor job combatting fraud, and sends out more than $3 billion to identity thieves. The Social Security Administration has paid out more than $30 million to at least 1,546 dead...
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Trapped by the State


Tuesday April 15th, 2014   •   Posted by Carl Close at 8:59am PDT   •   0 Comments

Over the past half century, federal spending on social programs has risen like a bubbling cauldron. In 1964, it amounted to less than one-quarter of the U.S. budget. Today it accounts for about two-thirds. What effect has the spending trend had on the American psyche? Independent Institute Senior Fellow Robert Higgs offers a brilliant...
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Ten, Twenty, Two Hundred Five


Monday April 14th, 2014   •   Posted by Craig Eyermann at 7:00pm PDT   •   0 Comments

With the launch of the MyGovCost iPhone app, it’s a good time to consider the trends in government spending that generated the concerns that motivated its creation, by looking at just three numbers: Ten Over the last 10 years, the total public debt outstanding of the U.S. federal government has increased by ten trillion...
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Federal Food Waste


Monday April 14th, 2014   •   Posted by K. Lloyd Billingsley at 7:04am PDT   •   2 Comments

The federal government maintains an $11.6 billion school lunch program feeding 31 million students daily. In 2010 First Lady Michelle Obama championed the Healthy, Hunger-Free Kids Act, which as this report notes “imposed a dizzying array of requirements on calories, portion sizes, even the color of fruits and vegetables to be served.” The rules,...
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Visualizing 2015′s Federal Budget Proposals


Sunday April 13th, 2014   •   Posted by Craig Eyermann at 2:57pm PDT   •   0 Comments

The National Taxpayer’s Union has summarized each of the major budget proposals for the U.S. federal government’s 2015 fiscal year. We threw together the following chart to make for a quick visual comparison of each: As you can see, each of the budget proposals increase total spending over FY2014′s baseline level. Each of the...
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